Hello,Could I ask for some advice on this one.Buy and Hold strategyLocation: Fort Myers FloridaSeven Unit Property, Concrete Block, One Story. Build 1979. Undesirable part of town (C), 1 Bed/ 1 Bath units.Price: $2...
I have a 3 family home in West Philadelphia and I don't want to use my home address when I renew my Rental License. How can I avoid this? Can I use my rental property's address? If I do, I worry that I will not get...
I talked with a lender today who doesn't do 203k but instead does construction loans. I'm curious as to what the advantages are over using a construction loan is versus the 203k. What I got out of the conversation...
Hello,I have a duplex currently let as a LTR and I am considering changing it to a MTR. The property is located within a 5 to 10 / 15 minute drive to 7 different hospitals, clinics, health care centres, etc. Close to ...
Good morning everyone; I hope you're doing well. I want to be useful for real estate agents out there; however, it's not very practical to just ask how I can help. Been thinking for months about how I can be valuable ...
I am working on my first deal, hopefully it will close in December. I'm getting my property management company in place, so I'll ask the ones I'm interviewing this question, but I"m wondering where the best place to b...
Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...
Does anyone know of a good, free tool to use for keeping track of property finances? Thanks in advance! Logan
My aunt has a condo in California and farm ground in Indiana. She owns both free and clear. Together her assets total more than $1 million, but she is out of cash. She wants to stay in her condo but can't afford to...
Wholesaling to retail buyers
Scenario #1
This is a scenario that I read in a book recently. You are a wholesaler that has found a property that is worth $100,000. You have the seller under contract for $45,000 and ...